On 3 June, $XRP reached a new yearly low of $1.188 amid a broader cryptocurrency sell-off, losing nearly 34% over the year before stabilising slightly below $1.22.
For 13 consecutive days, investors have been withdrawing money from spot cryptocurrency exchange-traded funds. In total, they have pulled more than $4 billion from Bitcoin ETFs over this period.
Bitcoin dropped to nearly a four-month low on Thursday, extending its decline as negative sentiment continued to weigh on cryptocurrency markets. Escalating tensions in the Middle East increased risk aversion among investors and pushed capital toward safer assets.
On June 4, Bitcoin briefly dropped to around $61,300, marking one of its sharpest declines in recent months. The asset later recovered part of its losses and climbed back above $64,000. The last time Bitcoin traded near these levels was in February 2026.
Binance, the world’s largest cryptocurrency exchange by trading volume, has announced that it will shut down its Binance $NFT service on 3 July. The exchange explained the move by its desire to “shift focus to Web3 services” and develop its own non-custodial wallet, Binance Wallet.
According to Microsoft, malicious software hidden in npm packages has been found stealing cryptocurrency wallet credentials without users' knowledge.
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